Global Four-Wheeler Vehicles Market is valued approximately at USD XX million in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. With a global annual production of more than 70 million vehicles, the automotive industry is one of the major manufacturing sectors in the world. According to an international survey, the total production of the automobile sector in 2017 was unprecedented $3 trillion, reflecting a cumulative global GDP of 3.65 per cent. The introduction of IoT in the automobile sector has created new doors for vehicle makers and consumers all over the world. Through its manufacturing and consumer use, IoT has been a big hotspot in the automobile industry with a range of multi-purpose applications. Through electric vehicles to autonomous transport networks, the Internet of Things technologies have created a strong impact on the global automobile industry. At present, hybrid and full-electric cars are gaining enormous traction around the globe, as automobile firms are gradually focused on the introduction of power cars in order to create a stable base in the automobile industry. While the appeal of electric automobiles continues to rise, microcars are slowly making a powerful presence across global markets. Recent developments in the automotive industry indicate an increasing interest in micro-mobility, as demand for micro-cars is rising at a steady rate, especially in East Asia and Europe. Moreover, rising number of automobile production across various economies tends to increase the market share of four-wheelers. For instance, according to Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2019, China's car production sales were USD 21.36 Million while Germany's car production sales were USD 4.6 million.
The regional analysis of global Four-Wheeler Vehicles market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific region is expected to account for the majority of the market share owing to the rising number of four vehicle production along with rising investment from major manufacturers in the region further tends to increase the market share over the forecast period (2020-2027).
Major market player included in this report are:
BMW AG.
Mazda Motor Corporation
Daihatsu Motor Co., Ltd.
Daimler AG
Group PSA
Honda Motor Company
LIGIER Group.
Mahindra & Mahindra
Tata Motors
Toyota Motor Corporation
Groupe Renault SA
Daihatsu Motor Co. Ltd.
Piaggio & C. Spa
Subaru
Suzuki Motor Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
BEV
PHEV
HEV
By End-User:
Shared Mobility Providers
Government Organizations
Personal Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027

Target Audience of the Global Four-Wheeler Vehicles Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors